11280 Burberry Street, White Plains, Maryland 20695, represents a significant piece of real estate within the White Plains community. While currently not on the market, its characteristics and location offer valuable insight into the desirability of homes in this area and the broader trends impacting property values in White Plains, Maryland. This in-depth analysis will explore the property's features, its historical sales data, comparable properties, and the overall market dynamics influencing its potential value. We'll also delve into the neighborhood context, providing a comprehensive overview of 11280 Burberry St and its surroundings.
Property Overview: 11280 Burberry St, White Plains, MD 20695
This single-family home boasts a substantial living space of 2,732 square feet, offering ample room for comfortable living. The four bedrooms and four bathrooms cater to a family's needs, providing privacy and convenience. Constructed in 2013, the property is relatively new, suggesting modern amenities and construction techniques. Its last sale occurred in 2018, indicating a period of ownership stability. However, the lack of current market listing prevents a direct assessment of its current market value. To understand its potential worth, we must analyze comparable properties and broader market trends.
Property Valuation of Burberry Street, White Plains, MD: A Comparative Approach
Determining the precise value of 11280 Burberry St requires a meticulous comparison with similar properties in the immediate vicinity. While the exact sale price from 2018 is unavailable for public access, analyzing comparable sales on Burberry Street and surrounding areas provides a valuable benchmark. This comparative market analysis (CMA) is a cornerstone of real estate valuation. A thorough CMA would consider several factors, including:
* Square footage: Homes of similar size and layout on Burberry Street and nearby streets will be key comparables. Slight variations in square footage necessitate adjustments in the valuation.
* Number of bedrooms and bathrooms: The four bedrooms and four bathrooms are significant features, influencing the property's value. Comparing it to homes with fewer or more bedrooms and bathrooms is crucial.
* Year built: The 2013 construction date positions this home as relatively new compared to older properties in the area. This newness generally commands a higher value, reflecting modern amenities and reduced maintenance needs.
* Lot size: The size of the lot is a significant factor, impacting the overall appeal and potential for future development or expansion. Larger lots generally command higher prices.
* Features and upgrades: High-end finishes, updated appliances, and unique architectural features contribute to a property's value. A detailed comparison of features is essential.
* Market conditions: The overall real estate market in White Plains, Maryland, and the broader region plays a crucial role. Market trends, interest rates, and economic conditions influence property values. A rising market would suggest a higher valuation, while a declining market may indicate a lower one.
current url：https://wxrmpr.d698y.com/bag/11280-burberry-st-white-plains-md-20695-95457